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Or that business with a million employees could just return a greater share of the wealth to the employees instead of the owners, thereby avoiding triggering th

• kortilla 6y ago
  “Return”? The employees never had it in the first place. Amazon runs on razor thin margins on the retail side so I pay $50 for a keyboard that cost them $45 wholesale + $1 to store + $3 ship + $0.20 labor for the 10 seconds employees interact with it. That 80 cents of profit goes into the business and is used to expand. Jeff Bezos is rich because his ownership stake (stock shares) are worth a lot of money on the stock market. He did not get paid out profits (amazon doesn’t pay dividends). There is nothing here than even makes sense to ‘return’ to the employees.
  • imtringued 6y ago
    Hmm, that's weird. I've never seen a more expensive online store than Amazon. All the small online shops I've visited offer lower prices for identical products. They also generally have a better selection within their niche so you don't end up overpaying for products that are way more capable than you need. It's also much easier to find products on those small online shops thanks to aggregators like geizhals.de Meanwhile searching products on Amazon is still a shitshow and it's generally not possible to disable third party listings.